America’s $93 billion pipeline of generic pharmaceuticals often starts in places like Toansa, a village in northern India where a drug-making facility rises up beside mustard fields and manure-flecked ox-cart tracks.
Hindalco Industries Ltd., India’s second-biggest aluminum producer owned by billionaire Kumar Mangalam Birla, expects to achieve full output at its new factory in the central state of Madhya Pradesh by March 2015.
Greenpeace activists dressed in tiger suits climbed atop the Mumbai headquarters of Essar Group and unfurled a banner protesting a coal-mining project proposed by billionaire brothers Shashikant and Ravikant Ruia.
Bharat Petroleum Corp., India’s second-biggest state refiner, plans to almost double the combined capacity of two refineries at a cost of about $2.8 billion to feed the company’s growing network of gas stations.
India’s main opposition party won the most seats in four of five local elections held over the past month, giving it momentum before a 2014 national poll as voters punished Prime Minister Manmohan Singh’s ruling coalition.